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SPOKANE, WA 99224

Real Estate Market Report  ·  Spokane County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
96
⇧ 29.7% vs 74 last year
Pending
37
39% pending ratio
Median Price
$499,000
⇩ 13.2% vs $574,900 last year
Average Price
$691,416
⇩ 7.3% vs $746,156 last year
Days on Market
30
⇩ 53.8% vs 65 days last year

Market Context

Population: 24,455  ·  Density: 79.5/mi²  ·  Median household income: $73,250

Typical home value: $370,369  ·  Homeownership: 65.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SPOKANE, WA real estate market (99224) currently shows 96 active listings, with 37 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30 days on market compared to 65 days last year.

The median listing price has fallen 13.2% year-over-year, from $574,900 to $499,000.

Whether you are buying or selling in SPOKANE, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 74 last year
  • Days on market: 30 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $499,000 (-13.2% YoY)
  • Average: $691,416 (-7.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.2 miles — 858 listings ($461,019,183 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99224Spokane, WA 992240.0 mi96$66,375,936$499,000$691,416
99201Spokane, WA 992014.7 mi38$17,544,258$380,000$461,691
99205Spokane, WA 992055.4 mi157$53,171,347$333,000$338,671
99014Four Lakes, WA 990146.6 mi1$525,000$525,000$525,000
99207Spokane, WA 992077.4 mi113$34,023,057$298,000$301,089
99218Spokane, WA 992189.7 mi38$21,242,190$469,900$559,005
99223Spokane, WA 9922310.2 mi116$87,405,420$600,000$753,495
99026Nine Mile Falls, WA 9902611.6 mi40$28,023,320$643,750$700,583
99029Reardan, WA 9902914.0 mi5$2,437,500$475,000$487,500
99036Valleyford, WA 9903615.1 mi2$2,698,000$1,349,000$1,349,000
99037Veradale, WA 9903715.8 mi57$36,424,425$524,900$639,025
99004Cheney, WA 9900417.1 mi88$51,656,088$489,997$587,001
99016Greenacres, WA 9901618.2 mi107$59,492,642$499,990$556,006

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99224?

As of January 2026, there are 96 active listings in SPOKANE, WA (zip code 99224), compared to 74 the prior year.

What is the median home price in SPOKANE, WA 99224?

The median listing price in SPOKANE, WA 99224 is $499,000 as of January 2026, a 13.2% decrease from $574,900 the prior year.

How long do homes stay on the market in SPOKANE, WA?

Homes in SPOKANE, WA 99224 spend an average of 30 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99224?

Based on current inventory and days-on-market data as of January 2026, SPOKANE, WA 99224 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 65 days last year.

How much can I save on real estate commission in SPOKANE, WA?

With SELL123.com's maximum 3% commission, sellers in SPOKANE, WA 99224 save an estimated $9,980 compared to a typical 5% commission on the median listing price of $499,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.